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LNG netbacks. This paper examines the empirical relationship between U.S. LNG imports, the Henry Hub price of natural gas …
Persistent link: https://www.econbiz.de/10012707441
, transmission capacity under rate-of-return regulation may be suppressed relative to that which occurs under a more flexible price …
Persistent link: https://www.econbiz.de/10012961563
In Germany, substantial drops in wholesale power prices have become a regular phenomenon. While such price drops have …. To fill this gap, we propose a Markov regime-switching model to investigate low-price events at the European Power … increases negative price spike probabilities, while the decommissioning of nuclear plants under the Nuclear Moratorium had an …
Persistent link: https://www.econbiz.de/10014124138
This article explores key market design issues to be addressed in future electricity markets dominated by intermittent renewable generation with near zero private marginal costs for generating electricity. Changing technology mixes will change market outcomes, but they do not change the...
Persistent link: https://www.econbiz.de/10012834017
price spikes has substantially increased in Germany. To reduce such events, in 2012, a market premium scheme (MPS) was …
Persistent link: https://www.econbiz.de/10014095461
Research on electricity futures markets has to date not explored the role that market liquidity may play in determining risk premia. Further, no detailed empirical examination of both liquidity and risk premia in the New Zealand electricity futures market are discernible. Using data from October...
Persistent link: https://www.econbiz.de/10012977446
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10014242405
, providing the first evidence of electric vehicle loadshifting in response to price …
Persistent link: https://www.econbiz.de/10012104620
to an urgent need to monitor energy consumption and ease fiscal pressure, Iran embarked on an unprecedented energy price … reform to remove subsidies in 2010. However, the effects of energy price reform on energy consumption and the wellbeing of … response to energy price reform, I use a two-stage optimization demand model to derive energy demand for households and …
Persistent link: https://www.econbiz.de/10013075219
price by around 0.2-0.1%. Moreover, if wind generation is greater than 8,000-9,000 MW, the ORDC price is expected to be zero …. This may preclude investors from obtaining clearly perceivable long-term price signals, such as capacity requirements …
Persistent link: https://www.econbiz.de/10012871186